Two critical questions about the economic recovery can now be put to rest: (1) is the consumer back and (2) are government policies having an impact. The answer to both questions can be found in 290 feet of opulence otherwise known as the world’s largest sailing yacht, the Maltese Falcon. After months of rumor and speculation, we now have confirmation that, after parting with $120 million, one lucky individual can now sail the seven seas in style. So who has a cool $100 mil to throw down on a yacht like this in the current economic climate?
Wealth Report can now confirm an unsourced report on Yachtpals, that the buyer was Elena Ambrosiadou, founder of the hedge fund Ikos Partners.
Media reports from 2008 say the Greece-born hedge funder was the highest paid woman and wealthiest female entrepreneur in Britain. The British press estimated her net worth last year at 200 million pounds ($327.5 million), though she is probably worth far more if she could afford to plunk down $120 million for a boat.
But tales of UK-based hedge fund managers buying massive yachts are exactly what British regulators have heard enough of. They plan to send the message loud and clear that funds in the UK are going do their part to clean up the current mess through higher taxes. That way, people like Ms. Ambrosiadou will learn a valuable lesson.
She recently moved her fund to Cyprus, according to press reports, to avoid Britain’s new tax increase and rules for nondomiciled residents.
Lesson learned.
Hedge Funder Buys World’s Largest Sailing Yacht [WSJ]
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This sale closed this summer, fyi, original ask was E120mm. What these people don’t know is that perkins was offering to finance a big chunk of the deal at attractive terms. I’d tell you more but then I’d have to kill you.
Greg, this post would be better if you photoshopped a for sale sign in front of the boat. Oh, and if someone else wrote it.
@Anal,
please do it and spare us the misery that are Greg’s posts.
Bitch
-Alicia Wetmore
The sails looks like thin ceramic.
What’s going on?
In Cyprus, anus bleaches you.
-Yorba
Isn’t the guy from Klein Perkins who that build that thing?
Greg -
You should move to Cyprus and become the boy toy of a hairy Greek Stud. And eat falafels until you puke.
Zero Mostel
@5
probably lighting. The sailing system is pretty awesome on the Falcon though.
@7
Tom Perkins, yup. http://www.symaltesefalcon.com or, if you’re that lazy, http://www.justfuckinggoogleit.com
I am offering my ship, the Millenium Falcon for $125m. She made the Kessel run in under 12 parsecs.
Call me.
H. Solo
@11 – I don’t believe you.
Greg
Elena Ambrosiadou is a shitheel.
My offering my ship for 50,000 a day, I call it the cream rocket
Nice dinghy. My yacht is way bigger.
Greg’s theme song:
In the time of chimpanzees I was a monkey
Butane in my veins and I’m out to cut the junkie
With the plastic eyeballs, spray-paint the vegetables
Dog food stalls with the beefcake pantyhose
Kill the headlights and put it in neutral
Stock car flamin’ with a loser and the cruise control
Baby’s in reno with the vitamin d
Got a couple of couches, sleep on the love-seat
Someone came sayin’ I’m insane to complain
About a shotgun wedding and a stain on my shirt
Don’t believe everything that you breathe
You get a parking violation and a maggot on your sleeve
So shave your face with some mace in the dark
Savin’ all your food stamps and burnin’ down the trailer park
Yo. cut it.
Soy un perdedor
I’m a loser baby, so why don’t you kill me?
(double barrel buckshot)
Soy un perdedor
I’m a loser baby, so why don’t you kill me?
Forces of evil on a bozo nightmare
Ban all the music with a phony gas chamber
’cuz one’s got a weasel and the other’s got a flag
One’s on the pole, shove the other in a bag
With the rerun shows and the cocaine nose-job
The daytime crap of the folksinger club
He hung himself with a guitar string
A slab of turkey-neck and it’s hangin’ from a pigeon wing
You can’t write if you can’t relate
Trade the cash for the beef for the body for the hate
And my time is a piece of wax fallin’ on a termite
who’s chokin’ on the splinters
Soy un perdedor
I’m a loser baby, so why don’t you kill me?
(get crazy with the cheese whiz)
Soy un perdedor
I’m a loser baby, so why don’t you kill me?
(drive-by body-pierce)
(yo bring it on down)
Soooooyy….
?em llik uoy t’nod yhw os ,ybab resol a m’I rodedreP nu yos
[It's the Chorus backwards]
(I’m a driver, I’m a winner; things are gonna change I can feel it)
Soy un perdedor
I’m a loser baby, so why don’t you kill me?
(I can’t believe you)
Soy un perdedor
I’m a loser baby, so why don’t you kill me?
(Nlehh…)
Soy un perdedor
I’m a loser baby, so why don’t you kill me?
(Sprechen Sie Deutsch hier, Baby!)
Soy un perdedor
I’m a loser baby, so why don’t you kill me?
(know what I’m sayin’? )
Hi Greg–
Your posts lately have been alright. Its cool, whatever you wanna do. Keep on keepin’ on, man.
–Medicated Jeff Macke
Greg,
Don’t sell me a 420 and tell me it’s the Maltese Falcon.
@16
What a fucking asshole, man.
What is this bullshit? You wake up in the morning and make a list?
1. Write shit after Greg’s posts.
2. Laugh at my own stupid shit.
3. Think how clever I am.
4. Look for a job.
5. Laugh at what a stupid idea # 4 is.
5. Masturbate.
6. Eat leftover Chinese.
7. Masturbate.
8. Write more shit after one of Greg’s posts.
What a loser, man, what an incredible loser you are. Greg must have seriously waxed your ass at something for you to be this bitter.
That’s a shame.
Greg:
Either this post was an improvement or the alcohol is kicking in. Either way, it’s good.
AB
@18 JSA of LIS?
@19 Greg, simmer down there hot shot.
@19
Since it seems you’re unaware, its a song by Beck, @16 didn’t write it.
Best part of this post – the one part that had nothing to do with the topic of this post. Touche.
@19: What a perdedor!
Heh, a friend designed the sail system on that boat.
“She recently moved her fund to Cyprus, according to press reports, to avoid Britain’s new tax increase and rules for nondomiciled residents.”
New York will be experiencing a similar exodus.
@19
Holy shit. Have you been spying on me?
-The Guy from Delaware
@11,
That used to be my ship you lucky son of a bitch.
-Lando
19 That was without a doubt one of the funniest things I’ve read in a long time.
16
Why does she have a banner for Cranfield University on her website?
You guys are just jealous because I’m HOT! I was in a sorority, so I’m legit!